Press the button and be introduced to a new random company!

Introduce me >

Social media

facebook   Follow us on Twitter

Coverage

Gaming Innovation Group

Gaming Innovation Group

Send subscription Close

Financials

EURm 2023 2024e 2025e
Sales 127 128 146
Sales growth (%) 40,8 0,9 14,1
EBITDA 52 63 73
EBITDA margin (%) 41,2 49,2 50,2
EBIT adj. 27 43 54
EBIT adj. margin (%) 21,1 33,9 37,1
Pretax profit 11 33 45
EPS 0,02 0,3 0,3
EPS growth (%) -19,3 N/A 1,5
EPS adj. 0,1 0,38 0,36
DPS 0 0 0
EV/EBITDA (x) 8,3 5,9 5,5
EV/EBIT adj. (x) 16,3 8,5 7,5
P/E (x) 129,5 9,1 8,9
P/E adj. (x) 28,6 7,2 7,5
EV/sales (x) 3,44 2,89 2,78
FCF yield (%) -5 0,8 6
Le. adj. FCF yld. (%) -6,2 0,3 6
Dividend yield (%) 0 0 0
Net IB debt/EBITDA (x) 1,6 1,4 0,6
Le. adj. ND/EBITDA (x) 1,5 1,4 0,5
EURm 2023 2024e 2025e
Sales 127 128 146
COGS -1 0 0
Gross profit 126 128 146
Other operating items -73 -65 -73
EBITDA 52 63 73
Depreciation and amortisation -14 -11 -11
of which leasing depreciation -2 -1 -1
EBITA 38 52 63
EO Items -1 0 0
Impairment and PPA amortisation -13 -8 -8
EBIT 26 43 54
Net financial items -14 -10 -9
Pretax profit 11 33 45
Tax -4 -2 -3
Net profit 8 31 42
Minority interest 0 0 0
Net profit discontinued -5 -1 -1
Net profit to shareholders 3 31 41
EPS 0,02 0,3 0,3
EPS adj. 0,1 0,38 0,36
Total extraordinary items after tax -1 0 0
Leasing payments -2 -1 -1
Tax rate (%) 31,1 6,4 7
Gross margin (%) 99,1 100 100
EBITDA margin (%) 41,2 49,2 50,2
EBITA margin (%) 30,2 40,5 42,8
EBIT margin (%) 20,2 33,9 37
Pre-tax margin (%) 8,9 26,1 30,6
Net margin (%) 6,2 24,5 28,4
Year N/A N/A N/A
Sales growth (%) 40,8 0,9 14,1
EBITDA growth (%) 61 20,4 16,4
EBITA growth (%) 84,3 35,1 20,7
EBIT growth (%) N/A 69,7 24,7
Net profit growth (%) 37,6 301,5 32,6
EPS growth (%) -19,3 N/A 1,5
Profitability N/A N/A N/A
ROE (%) 3,5 30 30,5
ROE adj. (%) 20,7 38,2 36,9
ROCE (%) 7,4 16,4 20
ROCE adj. (%) 15,6 20,4 23,7
ROIC (%) 17 25,7 29,1
ROIC adj. (%) 17,5 25,7 29,2
Adj. earnings numbers N/A N/A N/A
EBITDA adj. 54 63 73
EBITDA adj. margin (%) 42,2 49,2 50,2
EBITDA lease adj. 51 62 72
EBITDA lease adj. margin (%) 40,4 48,3 49,4
EBITA adj. 40 52 63
EBITA adj. margin (%) 31,2 40,5 42,8
EBIT adj. 27 43 54
EBIT adj. margin (%) 21,1 33,9 37,1
Pretax profit Adj. 25 42 53
Net profit Adj. 21 40 50
Net profit to shareholders adj. 16 39 49
Net adj. margin (%) 16,9 31,1 34,2
EURm 2023 2024e 2025e
EBITDA 52 63 73
Goodwill 41 42 42
Net financial items -14 -10 -9
Other intangible assets 63 60 49
Paid tax -2 -1 -3
Tangible fixed assets 131 123 123
Non-cash items -21 -5 -1
Right-of-use asset 0 0 0
Total other fixed assets 4 6 7
Cash flow before change in WC 15 47 60
Fixed assets 239 232 220
Change in working capital 30 -12 -4
Inventories 0 0 0
Operating cash flow 46 35 56
Receivables 19 22 26
Capex tangible fixed assets -3 -2 -2
Other current assets 0 0 0
Capex intangible fixed assets -20 -15 -6
Cash and liquid assets 15 21 27
Acquisitions and Disposals -40 -16 -26
Total assets 273 275 274
Free cash flow -18 2 22
Shareholders equity 92 113 154
Dividend paid 0 0 0
Share issues and buybacks 10 24 0
Minority 0 0 0
Total equity 92 113 154
Leasing liability amortisation -4 -2 0
Long-term debt 75 79 62
Other non-cash items -23 -9 26
Pension debt 0 0 0
Convertible debt 0 0 0
Leasing liability 5 4 4
Total other long-term liabilities 34 10 10
Short-term debt 19 29 3
Accounts payable 17 10 10
Other current liabilities 31 30 30
Total liabilities and equity 273 275 274
Net IB debt 83 90 42
Net IB debt excl. pension debt 83 90 42
Net IB debt excl. leasing 78 86 38
Capital employed 190 225 223
Capital invested 175 203 196
Working capital -30 -18 -14
Year N/A N/A N/A
Market cap. diluted (m) 353 280 365
Net IB debt adj. 83 90 42
Market value of minority 0 0 0
Reversal of shares and participations 0 0 0
Reversal of conv. debt assumed equity N/A N/A N/A
EV 436 370 407
Total assets turnover (%) 55,5 46,8 53,3
Working capital/sales (%) -11,4 -18,6 -11,1
Financial risk and debt service N/A N/A N/A
Net debt/equity (%) 89,4 79,6 27,3
Net debt / market cap (%) 23,7 25,2 11,7
Equity ratio (%) 33,9 41,2 56,2
Net IB debt adj. / equity (%) 89,4 79,6 27,3
Current ratio 0,51 0,63 1,24
EBITDA/net interest 3,7 6,3 7,8
Net IB debt/EBITDA (x) 1,6 1,4 0,6
Net IB debt/EBITDA lease adj. (x) 1,5 1,4 0,5
Interest coverage 19,2 96,2 N/A
EURm 2023 2024e 2025e
Shares outstanding adj. 128 131 132
Diluted shares adj. 130 103 134
EPS 0,02 0,3 0,3
Dividend per share 0 0 0
EPS adj. 0,1 0,38 0,36
BVPS 0,71 1,1 1,15
BVPS adj. -0,09 0,11 0,47
Net IB debt/share 0,64 0,88 0,31
Share price 31 31 31
Market cap. (m) 349 357 361
P/E (x) 129,5 9,1 8,9
EV/sales (x) 3,44 2,89 2,78
EV/EBITDA (x) 8,3 5,9 5,5
EV/EBITA (x) 11,4 7,1 6,5
EV/EBIT (x) 17 8,5 7,5
Dividend yield (%) 0 0 0
FCF yield (%) -5 0,8 6
Le. adj. FCF yld. (%) -6,2 0,3 6
P/BVPS (x) 3,83 2,47 2,37
P/BVPS adj. (x) -31,27 32,94 5,73
P/E adj. (x) 28,6 7,2 7,5
EV/EBITDA adj. (x) 8,1 5,9 5,5
EV/EBITA adj. (x) 11 7,1 6,5
EV/EBIT adj. (x) 16,3 8,5 7,5
EV/CE (x) 2,3 1,6 1,8
Investment ratios N/A N/A N/A
Year N/A N/A N/A
Capex/sales (%) 18,1 13,3 5,6
Capex/depreciation 2 1,7 0,8
Capex tangibles / tangible fixed assets 2 1,4 1,9
Capex intangibles / definite intangibles 32,5 25,7 11,8
Depreciation on intang / def. intang 18 16 19
Depreciation on tangibles / tangibles 0,45 0,41 0,39

Key Figure Counter

It is not always easy to generate comparative valuations. Therefore, in order to make it easier for you as an investor, we have created this key figure calculator. Enter share price in the field below and then select the year in which you want to retrieve the financial data.

Update

P/E

Learn more

A common valuation multiple, the share price is divided by earnings per share.

P/E ratio stands for Price and Earnings. By dividing a company's market cap to its earnings, investors get a key ratio which they are able to compare between different companies. The ratio can either be calculated on historical or forward-looking numbers. 

It is important to notice that earnings are calculated after taxes, which mean that they can vary between companies due to different accounting standards.

103,3

EV/EBIT

Learn more

EV stands for Enterprise Value and is calculated as a company's markets cap in addition to its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. 

EBIT is the Earnings Before Interest and Taxes which is the operating income. This result, in comparison to the P/E ratio, is not affected by any financial items.

(
)
76,6

EV/Sales

Learn more

EV stands for Enterprise Value and is calculated as a company's market cap adjusted for its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. S is the company's total sales.

(
)
28,3

P/BVPS

Learn more

P/B stands for Price to Book, which is used to compare a share's market cap to its book value. A P/B ratio that is below one is considered to be valued below its assets.

Companies with high return on equity are usually associated with high P/B ratios, and vice versa. 

 

(
)
26,6